Foreclosure Listings Direct From Banks

[Sam Sawyer]

I am new here to the site, and I am loving the info this forum provides. Have any of you all had success contacting local banks directly to get a list of their foreclosed properties on their books?

[Laura Alamery]

Yes, but it takes a little bit of effort.
Local banks like to deal with customers. Their REO portfolio is usually shared first with customer and investors, who have dealt with the banks previously.
I would suggest you visit the bank in person. Ask what the policies are about sharing their REO list. If you have to be a bank's customer to get the preferential treatment, open a savings account.
Also ask to meet with the President or Vice President or REO Manager: bring with you Proof of Funds letter and let them know you are a viable investor.